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acquisition

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Waberer’s Acquires 70% Stake in GYSEV CARGO

D&T
Dec 24, 2024

WABERER’S INTERNATIONAL Plc. has announced that it signed a sale and purchase agreement this Monday to acquire a 62.5% stake in GYSEV CARGO Plc. and committed to a further capital increase in GYSEV CARGO after the closing of the transaction – in the expected value of cca. HUF 2 billion – to develop the railway […]

MOL Acquires 66 MWp Photovoltaic Plant in Hungary

D&T
Dec 19, 2024

MOL Plc. has announced on the website of the Budapest Stock Exchange this Wednesday, it entered into a sales and purchase agreement with Optimum Vogt Ltd., a subsidiary of Ib vogt Gmbh, to acquire 100% of Naperőmű Farm Ltd. The sole activity of Naperőmű Farm Kft is to oversee the construction of a 66 MWp […]

Shopper Park Plus Acquires Tesco Malls in Slovakia

D&T
Dec 19, 2024

Shopper Park Plus Plc. is hereby making a public announcement relating to the acquisition of a Tesco-anchored Slovakian portfolio and the signing of financing documentation required to the implementation of the transaction, the company has announced on the website of the Budapest Stock Exchange. SPP says it has previously published information on the transaction, its […]

B+N Group Expands by Acquiring German Firm

D&T
Dec 18, 2024

The facilities management company B+N Referencia Plc. has announced on the website of the Budapest Stock Exchange signed an agreement to acquire KÖBERL Group. B+N has thus acquired a qualified majority stake in one of Germany's leading providers of facility management and building services. With nearly 28,000 employees in eight countries, B+N Referencia Plc. is […]

ALTEO Acquires Project Company

D&T
Dec 12, 2024

In compliance with its obligation to provide notification of extraordinary events as set out in a decree of the Minister of Finance, ALTEO Plc. has announced on the website of the Budapest Stock Exchange that this Thursday, the company exercised its purchase right under the contract concluded between itself and Callis Ltd., thus concurrently, the […]

AutoWallis Intends to Acquire MILAN KRÁL HOLDING

D&T
Nov 14, 2024

The Hungarian automotive trading company AutoWallis Plc. has informed its investors on the website of the Budapest Stock Exchange that it intends to acquire a 100% stake in the holding company MILAN KRÁL HOLDING of the Czech Republic, for which it has submitted a request for preliminary approval to the Czech competition authority. MILAN KRÁL […]

MBH Bank Further Increases Stake in Fundamenta

D&T
Nov 12, 2024

MBH Bank Plc. is further increasing its stake in Fundamenta-Lakáskassza Plc. after signing a sale and purchase agreement with Generali Biztosító Plc.. for the purchase of a 14.88% stake in the housing savings bank; after obtaining the necessary regulatory approvals, the credit institution will hold a total of 91.23% of the company. MBH Bank said […]

ALTEO Acquires 100% of Mov-R H1 Ltd.

D&T
Oct 18, 2024

The Hungarian energy distribution company ALTEO Plc. has announced on the website of the Budapest Stock Exchange that it signed this Friday business quota sale and purchase contracts with the Hungarian company Pannonia Bio Plc. and the Spanish firm CEOLICA HISPANIA for the acquisition of 100% of the business quota of the Hungarian renewable energy […]

PwC Acquires Research and Consulting Firm GKID

D&T
Oct 3, 2024

GKID has entered into an agreement with PwC under which PricewaterhouseCoopers Magyarország Ltd. acquires a 100% stake in GKID Research & Consulting Ltd. This acquisition will expand PwC’s consulting business with e-commerce, package logistics, media market as well as data service and market research expertise, PwC Hungary says in a statement. Under the terms of […]

Cofidis Acquires Magyar Cetelem Bank

D&T
Oct 2, 2024

The Cofidis Group has successfully completed the acquisition of Magyar Cetelem Bank Plc., the Hungarian subsidiary of BNP Paribas Personal Finance Group, Cofidis has announced. According to the statement, Cofidis Group has strengthened its position in the Hungarian market and the Central European region. Gilles Sauret, Chairman of the Board of Directors of the Cofidis […]

Master Good Acquires Majority Stake in NOBU Budapest

D&T
Sep 24, 2024

Hungarian-owned Master Good Group has acquired a strategic stake in NOBU, a chain of more than 50 restaurants and nearly 20 hotels worldwide. The group comprised of Master Good Ltd., Baromfi Coop Ltd. and Sága Foods Plc., is one of the largest food industry players in the region it and has been a dominant player […]

Acquisition of Foxpost Completed

D&T
Aug 30, 2024

The acquisition of Foxpost has been closed following the receipt of clearance from the competition authority and the fulfilment of other conditions, the sellers, Wallis Group and Trueway (formerly Finext), told MTI. According to the statement, the growth plans of the Hungarian-based parcel delivery service provider will be supported by international ownership. Further growth is […]

Hungarian Firm Acquired by Romania's Sameday

D&T
Aug 1, 2024

Romanian courier service company Sameday has acquires the Pactic group, the transaction has been approved by the relevant authorities. Pactic, based in Budapest, is a company providing integrated logistics services, which handled around 3.5 million deliveries in 2023. "We believe in borderless delivery services that provide the same high-level experience to customers in Romania, Hungary […]

GLS Acquires Hungarian Company iLogistic

D&T
Jul 4, 2024

GLS Group, the leading package logistics service provider in Europe and North America, has announced the acquisition of the Hungarian company iLogistic, a key player in full-scale web store warehouse logistics services specializing in e-commerce. While the financial details of the acquisition remain undisclosed, this strategic move enables GLS to enhance its service offerings, particularly […]

UniCredit Plans Acquisitions in the Region

D&T
Dec 18, 2023

UniCredit CEO Andrea Orcel has confirmed that the Italian banking group is interested in acquisition opportunities, especially in Central and Eastern Europe, but will continue to take a disciplined approach, the financial portal portfolio.hu quotes Reuters news agency as saying. In an interview with the Frankfurter Allgemeine Zeitung (FAZ), Orcel said that “we are likely […]

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